Nevada Corporation Filing vs. Iowa

Nevada vs. Iowa Incorporation Comparison

Iowa has no franchise tax and no tax on corporate shares, but with corporate income tax as high as 12% for over $250,000 it has one of the highest rates in the country. View the details of Iowa’s corporate income tax structure. It ranks 45 on both the Tax Foundation’s Corporate Tax Ranking and the Personal Income Tax Ranking. Nevada is a better state in which to incorporate your business since it has no corporate income tax, no franchise tax, gift tax or unitary tax, and there is no personal income tax in Nevada. The data below show the differences between incorporating in Iowa vs. Nevada: